Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Website created to benefit East Yorkshire electric vehicle drivers
A new website has been launched to capture the views and suggestions of East Riding residents on electric vehicle charging points, as part of a new project. East Riding Council is investing £100,000 in a scheme to roll out more public…
Major electric car charging operator MFG slashes summer prices by 25%
One of the nation's biggest electric car public charging operators is slashing its prices by a quarter for the next three months. Motor Fuel Group (MFG) EV Power has reduced its prices across all ultra-rapid charging sites by 25 per cent this…
Volvo Car's Sales Fall as Industry Conditions Remain Challenging
The Swedish automaker, which is majority-owned by China's Zhejiang Geely Holding Group, sold 171,501 cars in the period, down from 181,561 in the same three months the year prior, it said Thursday. 'This reflects the continued challenging operating…
Tesla sales smash expectations as it cashes in on sky-high gas prices
Tesla's sales are bouncing back — with a little help from high gas prices. The EV giant delivered 480,126 EVs in the second quarter, up 25% year-over-year, in a sign that Tesla sales have largely recovered from a wave of anti-Elon Musk…
In 1900, about a third of vehicles were electric.
For centuries, getting around by horse and cart was the standard mode of transportation. By the 1800s, however, these hay-powered haulers were causing problems on busy city streets. As more people moved into cities, the number of horses…
New technologies power China's Tesla challengers to monthly sales records
Chinese Tesla challengers Leapmotor and Zeekr, banking on their latest battery and self-driving technologies, bucked a downward trend in domestic electric vehicle sales with record deliveries last month, ratcheting up pressure on the US carmaker…
Stock Market Today: Dow Climbs After Surprise Jobs Report; Tesla Rallies On Delivery Numbers (Live Coverage)
Futures for the Dow Jones Industrial Average and other major stock indexes extended their gains Thursday after a weaker-than-expected June jobs report. Meanwhile, Tesla (TSLA) was an early winner on the stock market today, with the release of the…
Rivian raises EV sales forecast as Q2 production ramps up
Rivian is telling investors that it might see a better sales year than it expected, despite the many headwinds working against electric vehicles in the U.S. right now. Rivian previously said it would ship between 62,000 and 67,000 vehicles this…
Rivian deliveries top estimates as R2 SUV sales start - TT
The company now expects to deliver between 65,000 and 70,000 vehicles this year, it said in a July 2 statement. (Jason Henry/Bloomberg) Rivian now expects to deliver 65,000 to 70,000 vehicles this year. The company delivered 12,194 vehicles in the…
Opinion: Volkswagen's mass layoffs are a sign that European car makers have lost the plot
Please log in to bookmark this story. Create Free Account If there was one German company that could be counted on for endless growth, global prestige and nurturing employees – to the point that wealthy towns were built around its factories…
Prediction: Nike Will Be Booted From the Dow Jones Industrial Average Within 12 Months and Replaced by One of 2 Consumer-Facing Giants
Change is in the air -- and it has nothing to do with the weather. Earlier this week, S&P Dow Jones Indices oversaw the removal of telecom titan Verizon Communications from the iconic Dow Jones Industrial Average (^DJI +0.63%) and the addition of…
Is QuantumScape (QS) The Next Breakout Stock After SanDisk?
We just covered The Next SanDisk: 9 Potential Breakout AI Stocks You Shouldn't Miss. QuantumScape Corp (NASDAQ:QS) ranks #3 (see The Next SanDisk: 5 Potential Breakout AI Stocks You Shouldn't Miss). Number of Hedge Fund Investors: 35 QuantumScape…
CATL says mining is now the battery supply bottleneck - TT
“Processing is not the bottleneck, but mining is,” Jiang Li said. (Qilai Shen/Bloomberg) CATL is prioritizing mining as it works to secure raw materials for electric vehicle batteries. Vice President Jiang Li said processing is not…
Rivian Boosts Delivery Outlook as Next-Generation EV Sales Begin
Rivian Automotive Inc. raised its full-year sales outlook in a promising sign as the maker of electric vehicles begins deliveries of its lower-cost SUV seen as critical to the company's future. The company now expects to deliver between 65,000 and…
Tesla beats forecasts with 480,126 Q2 deliveries - TT
The delivery figure exceeded the average estimate compiled by Bloomberg of 396,466 vehicles. (David Paul Morris/Bloomberg) Tesla delivered 480,126 vehicles worldwide in Q2, exceeding Bloomberg's average estimate of 396,466. Deliveries rose 25% from…
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